United Lithium Encounters 3.33% Lithium Oxide In Sampling At Bergby

United Lithium (CSE: ULTH) this morning released the first results from its sampling program at its Bergby Lithium Project in Sweden. Exploration was focused west of the previously drilled region on the property, where the company conducted sampling on several boulders.

Sampling results released this morning include samples returning 3.01% lithium oxide, as well as 2.82% lithium oxide and 2.12% lithium oxide. Results come from a region where mineralization is said to not be related to what was discovered previously from drilling, with the samples instead coming from a new mineralized body on the property.

Initial samples were found in a region said to be 300 to 500 metre northwest of the previously drilled zone on the property, with initial values encountered including 1.71% lithium oxide. As the firm traversed further, it encountered 3.33% lithium oxide 600 metres to the west of the previously drilled zone.

“An extensive area has been identified with spodumene bearing boulders, and we see significant potential to find multiple lithium bearing pegmatite dykes. We have consequently expanded the claim holding at Bergby to secure additional targets. Our mapping and sampling shall continue as long as weather permits, and drilling is expected to continue at least until year end,” said CEO Michael Dehn on the discoveries.

Further samples have reportedly been sent for assaying following the strong initial results observed by the company, while a soil sampling program has also been completed.

Outside of the sampling program, the company this morning indicated that additional claims have been added to the property, bringing the Berby property to a total of 10,458 hectares in size. Core drilling is also underway, which is expected to continue until the end of the year.

United Lithium last traded at $0.43 on the CSE.


FULL DISCLOSURE: United Lithium is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover United Lithium on The Deep Dive, with The Deep Dive having full editorial control. Additionally, the author personally holds shares of the company. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Silver Is in a New Price Regime, and the Market Isn’t Used to It | Keith Neumeyer – First Majestic

Agnico Eagle Just Made a Massive Gold Land Grab

A Copper-Gold Deposit Caught the White House’s Attention | Rob McLeod – Cambria Gold

Recommended

Antimony Resources Expands Footprint as Soil Sampling Lights Up Ground South of Bald Hill

Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program

Related News

United Lithium Extends Strike Of New Spodumene-Bearing Pegmatite Discovery To Over 225 Metres

Drilling continues for United Lithium (CSE: ULTH) at its lithium project in central Sweden. The...

Thursday, January 27, 2022, 08:10:01 AM

United Lithium To Acquire 83.6% Stake In Finnish Lithium Project

United Lithium (CSE: ULTH) will officially be entering the country of Finland. The firm yesterday...

Thursday, December 16, 2021, 08:18:24 AM

United Lithium Sees 508 Claims Staked In South Dakota Validated By BLM

United Lithium (CSE: ULTH) this morning received positive news from the US Bureau of Land...

Wednesday, September 28, 2022, 12:51:00 PM

United Lithium: Strong Drill Results From Bergby Project Add To Recent Positive Developments

United Lithium Corp. (CSE:ULTH) recently announced its first assay results from its boulder train mapping...

Sunday, October 17, 2021, 04:13:00 PM

United Lithium Begins Drilling Kietyönmäki Lithium Property

Exploration is again underway for United Lithium (CSE: ULTH) at their Finnish lithium project, referred...

Wednesday, September 14, 2022, 08:33:45 AM